Hyperliquid Whale Refuses to Sell 35 Million XRP as Market Slumps: Main Crypto News This Morning

Image: U.Today
A Hyperliquid whale holds a $44 million long on 35 million XRP, nearly 80% of large-wallet XRP longs, with liquidation at $0.9626, about 23% below the current price. Crypto liquidations reached $386.42 million in 24 hours, 88% of them longs, led by Bitcoin ($100.74 million) and Ethereum ($49.31 million). US spot Bitcoin ETFs saw $398.62 million in net daily outflows, led by Fidelity’s FBTC ($164 million), while 44,857 ETH left spot Ethereum ETFs. Binance posted a record $15.4 billion weekly net outflow following a $6.3 billion hack the FBI attributed to North Korea. This week’s key US triggers are the midterm elections and JOLTS (Tuesday), ISM services (Wednesday), the Fed balance sheet (Thursday) and Nonfarm Payrolls (Friday).
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